منابع مشابه
Reallocating and pricing illiquid capital: Two productive trees∗
We develop a two sector general equilibrium model with capital accumulation and convex adjustment costs. We use the model to study capital asset pricing and reallocation, as well as optimal consumption and investment decisions. With two sectors, the consumer balances diversification against the potential productivity and efficiency gains of investing more heavily in one sector. The general fram...
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• Here we explore the possible role of leaf-level gas exchange traits in determining growth rate differences and competitive interactions between evergreen angiosperms and conifers. • We compared relationships among photosynthetic capacity ( A max ), maximum stomatal conductance ( G s ), leaf life span, nitrogen concentration (N) and specific leaf area (SLA), in sun leaves of 23 evergreen angio...
متن کاملReallocating and pricing illiquid capital: Two productive trees∗ Preliminary Do not quote
We develop a two sector general equilibrium model with capital accumulation and convex adjustment costs. We use the model to study capital asset pricing and reallocation, as well as optimal consumption and investment decisions. With two sectors, the consumer balances diversification against the potential productivity and efficiency gains of investing more heavily in one sector. The general fram...
متن کاملProductive Diversity
Introduction The Productive Diversity policy was launched by Paul Keating in 1992 with the objective of increasing Australian business access to, and success in trading with increasingly diverse domestic and export markets. The policy was argued as a ‘win-win’ strategy that could support the needs of Australian businesses in a global trading environment while at the same time, take advantage of...
متن کاملProductive Failure
Contrary to the fairly established notion in the learning sciences that un-scaffolded processes rarely lead to meaningful learning, this study reports a hidden efficacy of such processes and a method for extracting it. Compared to scaffolded, well-structured problem-solving groups, un-scaffolded, ill-structured problem-solving groups struggled with defining and solving the problems. Their discu...
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ژورنال
عنوان ژورنال: Science
سال: 2014
ISSN: 0036-8075,1095-9203
DOI: 10.1126/science.344.6184.558-a